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But its oil output has been falling.
Thanks to Iraq, oil output soars.
American oil output is down slightly too.
Saudi oil output is currently 9.8mn barrels a day.
"Then, Saudi Arabian oil output will clearly have peaked.
Norway produces three million barrels a day of oil output.
Up to a fifth of oil output is stolen.
Oil output is now almost back to normal.
It accounts for 12 percent of world oil output.
Oil output is falling and power cuts are endemic.
Soaring oil output will add to the problem.
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